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Opening of Bids - One or More 2017 or Newer Single Axle Lightning Loader Spec B - Best Equipment Co., Inc.
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Opening of Bids - One or More 2017 or Newer Single Axle Lightning Loader Spec B - Best Equipment Co., Inc.
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4/1/2025 10:06:20 AM
Creation date
1/12/2017 8:45:16 AM
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Board of Public Works
Document Type
Projects
Document Date
1/10/2017
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`DEM� Federated Mutual Insurance Company <br />`(� Home Office: Owatonna, MN 55060 <br />INSUR4XE7w <br />Bond No. 6038207 <br />KNOW ALL PERSONS BY THESE PRESENTS, that we BEST EQUIPMENT CO INC <br />5550 POINDEXTER DRIVE <br />INDIANAPOLIS, IN 46235 <br />as Principal and FEDERATED MUTUAL INSURANCE COMPANY OF OWATONNA, MINNESOTA, a corporation, <br />organized and existing under the laws of the State of MINNESOTA and having its principal place of business at 121 <br />East Park Square, Owatonna, Minnesota, as Surety, are held and firmly bound unto <br />CITY OF SOUTH BEND <br />1045 W SAMPLE ST SOUTH BEND, IN 46619 <br />in the sum of 10% OF THE BID <br />Dollars ($ <br />as Obligee, <br />for payment of which the Principal and the Surety bind themselves, their heirs, executors, administrators, successors <br />and assigns, jointly and severally, firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH, That, whereas the Principal has submitted or is about to submit a <br />proposal to the Obligee on a contract for ONE OR MORE 2017 OR NEWER TANDEM AXLE HOOK LIFT & <br />CONTAINER TRUCK WITH GRAPPLE LOADER <br />NOW, THEREFORE, if the said contract be awarded to the Principal and the Principal shall, within such time as may <br />be specified, enter into the contract in writing, and give bond, with surety acceptable to the Obligee for the faithful <br />performance of the said contract; or if the Principal shall fail to do so, pay to the Obligee the damages which the <br />Obligee may suffer by reason of such failure not exceeding the penalty of this bond, then this obligation shall be void; <br />otherwise to remain in full force and effect. <br />Signed and sealed this <br />10TH day of JANUARY , 2017 <br />BEST UIPMENT CO INC <br />(Print' al) <br />BY: <br />Maria ahlmann, Secret ar /TL< urer <br />FEDERATED MUTUAL INSURANCE COMPANY <br />BY: <br />MICHELLE KRAAY (attorney -in -Fact <br />AF-30M Ed. 07-13 <br />
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